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3 ways property management can modernize rent payments for tenants
Paymentus, an MRI partner, is a leading provider of cloud-based bill presentment, payment and communication solutions. The integrated partnership with MRI provides consumers with easy-to-use, flexible and secure electronic utility bill payment experi…
What is move management
Move management is a critical, yet often overlooked, component of property management that involves coordinating and overseeing the relocation process within or between properties. Whether it’s a residential tenant shifting to a new flat or a c…
Levels of service in asset management
Understanding the intricacies of asset management is crucial for maintaining and enhancing the value of your assets. A pivotal aspect of effective asset management is the concept of levels of service, which serve as a cornerstone for strategic planni…
Roles and responsibilities of condo boards vs. property managers: Key differences
The world of multifamily property management can be challenging without understanding the responsibilities of a condo board vs property manager. With over 70% of U.S. households living in communities governed by condo associations, their efficiency d…
What is effective gross income: A landlord’s guide to boosting profitability in multifamily properties
Effective Gross Income (EGI) is a crucial metric for landlords and property managers in multifamily real estate, offering a clear picture of a property’s financial health. Representing the total income generated by a property after accounting f…
What Is underwriting in real estate for multifamily investment properties?
Underwriting in real estate for multifamily investment properties involves evaluating the risk and potential return of an investment. This process helps you assess the viability of your investments and identify potential pitfalls. By understanding un…
What are FHA multifamily loans?
FHA multifamily loans are a popular financing option for landlords and property managers looking to invest in or manage multifamily properties in the US. These loans are insured by the Federal Housing Administration (FHA), making them more accessible…
What is a good cap rate for multifamily investing?
When investing in multifamily properties, understanding the concept of cap rates is crucial. Cap rates, or capitalization rates, are essential metrics that help you evaluate the potential returns on your investments and make informed decisions. But w…